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Bailey speech: Expect four UK rate cuts next year as inflation eases

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Bailey speech: Expect four UK rate cuts next year as inflation eases

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New update 2024.12.04 18:07
Bailey speech: Expect four UK rate cuts next year as inflation eases

update 2024.12.04 18:07

Bank of England (BoE) Governor Andrew Bailey spoke in a pre-recorded interview at the Global Boardroom Digital Conference hosted by the Financial Times (FT) on Wednesday.

Key quotes

Expect four UK rate cuts next year as inflation eases.

We emphasised the word gradual on the outlook for rates.

Disinflation process is well embedded but we have further to travel.


Date

Created

 : 2024.12.04

Update

Last updated

 : 2024.12.04

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